Paytm asked them for forced resignation, and requested back the joining / retention bonus from them for no fault of their own.
What leadership quality does the executives have - they don't know how to run a fintech company with compliance and don't know how to treat employees with dignity.
A former employee whose services were recently terminated by the company because he refused to resign said Paytm did not furnish an experience letter.
The impacted employees have also formed a social media group to deliberate and decide on the next course of action. Some of them are consulting lawyers with at least one employee having already filed a complaint with the labour ministry.
https://timesofindia.indiatimes.com/business/india-business/asked-to-quit-paytm-employees-cry-foul/amp_articleshow/110979880.cms